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Horne Foundation Inc. is a private corporation based in GILBERT, AZ. The foundation received its IRS ruling in 1961. The principal officer is Gb Horne Cpa 1. It holds total assets of $2.7M. Annual income is reported at $538K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Utah and Arizona. According to available records, Horne Foundation Inc. has made 16 grants totaling $660K, with a median grant of $20K. Annual giving has grown from $110K in 2021 to $300K in 2023. Individual grants have ranged from $10K to $160K, with an average award of $41K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Utah and Arizona and Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$20K
Average Grant
$42K
Largest Grant
$140K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Horne Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in UT, AZ, MI.
Horne Foundation Inc. has distributed a total of $660K across 16 grants. The median grant size is $20K, with an average of $41K. Individual grants have ranged from $10K to $160K.
Horne Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Horne Foundation Inc. is headquartered in GILBERT, AZ. While based in AZ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heidi Jones | BOARD MEMBER | $30K | $0 | $30K |
| Heather Horne | BOARD MEMBER | $6K | $0 | $6K |
| Cheryl K Horne | PRESIDENT | $0 | $0 | N/A |
| Robert Horne | SECRETARY AND TREASURER | $0 | $0 | N/A |
Total Giving
$363K
Total Assets
$2.5M
Fair Market Value
$4.6M
Net Worth
$2.5M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$383K
Distribution Amount
$232K
Total: $847K
Total Grants
16
Total Giving
$660K
Average Grant
$41K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lds PhilanthropiesGENERAL SUPPORT | Provo, UT | $160K | 2023 |
| Hope Mental Health FoundationGENERAL SUPPORT | Mesa, AZ | $40K | 2023 |
| Alliance Defending FreedomGENERAL SUPPORT | Scottsdale, AZ | $40K | 2023 |
| Book Of Mormon CentralGENERAL SUPPORT | American Fork, UT | $40K | 2023 |
| Sunshine Acres Children'S HomeGENERAL SUPPORT | Mesa, AZ | $20K | 2023 |
| Reach HumanityGENERAL SUPPORT | Mesa, AZ | $20K | 2022 |
| Roots Of Humanity FoundationGENERAL SUPPORT | Lehi, UT | $20K | 2022 |
| Arizona State UniversitySCHOLARSHIPS | Tempe, AZ | $50K | 2021 |
| Npc Friends And FamilyGENERAL SUPPORT | Snowflake, UT | $10K | 2021 |
| Hillsdale CollegeGENERAL SUPPORT | Hillsdale, MI | $10K | 2021 |